Greece crisis, global markets dominated news this week!

THE ECONOMIC TIMES Sat, Jul 11, 2015 | 12:37 PM IST Weekly Platter Newsletter

Government plans to cap premature withdrawal of PF money at 75% of total amount Move is aimed at ensuring social security for workers in old age. EPFO has proposed that employee be allowed to withdraw only 75% of overall kitty, instead of 100%. read more Government ups the ante on black money, says US return IT professionals need to declare 401k account Anyone who's worked in the US and opened a 401k account may need to inform tax authorities or face harsh penalties under the black money law. Russia wants to make India a global hub for submarine upgrade, maintenance and repair Russian engineers have already visited the Indian yard and advised it on changes to be made as well as investments needed to execute the project.

Editor's Pick How CultureAlley's app Hello English became number 1 on Google Play store in India in just 8 months After graduation, Patni returned to Gurgaon from Chicago to work in a Khosla Ventures-backed solar energy startup, but kept alive his dream. Can Renault repeat its Duster-like success with Kwid? As Indians get more sophisticated in their expectations, this could be a good time for Kwid with its marriage of Indian tech and European aesthetics. Here's why India may be on the brink of an unprecedented full-blown water crisis With pockets of severe drought and areas of unchecked wastage, India is looking at an acute water crisis in the near future. 100,000MW of costly solar power can sink 'Make in India' We should move forward modestly, starting with rooftop solar panels that eliminate transmission and distribution costs.

Most Popular This Week E-commerce companies like Snapdeal, Shopclues lure IT executives with Rs 1.5-3 crore pay packages Nestle pays Ambuja Cements Rs 20 crore to destroy Maggi packets No takers for over Rs 2,400 crore of ready flats in Mumbai region China, Japan among four nations ready to invest in Mumbai sea link project Wipro's Azim Premji allocates additional 18% stake in company to fund philanthropy

Story of The Week Four reasons why Greece crisis comes as a boon for Indian markets Indian markets plunged while the rupee weakened on Monday after Greece voted 'No' to harsh bailout conditions proposed by its creditors. read more

Money How to own property for just Rs 5 lakh In the commercial space you can expect 7-10% rental yields, while in the last 30 years, yields from residential properties has remained at 3%. Six best investment avenues in the current scenario There are prospects of less than normal monsoon, markets have gone down. In such a situation, investors tend to get confused about how and where to invest.

Stock Round Up Sensex ends 88 points up, Nifty above 8,350 levels; Vedanta top gainer, up 5% BSE Sensex ended the day at 27,661.40, up 87.74 points on Friday. The 50-pack Nifty ended the day at 8,360.55, up 32 points.

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